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Topic: Discussion on Average rate on the 30-year fixed mortgage sl
MortgageDrummer

Replies: 1
Views: 855

PostForum: News Discussion   Posted: Thu Apr 21, 2011 8:28 pm   Subject: Re: Discussion on Average rate on the 30-year fixed mortgage sl
It's simple with the rates this low the risk is to high...They can't make enough money in case of a default... so ...if the rates continue to stay low for the consumer.... the banks simply a ...
Topic: Jury Convicts Executive in Mortgage Fraud Case
MortgageDrummer

Replies: 18
Views: 23459

PostForum: Mortgage Lender Implode-O-Meter   Posted: Thu Apr 21, 2011 8:06 pm   Subject: Re: Jury Convicts Executive in Mortgage Fraud Case
Hank Paulson use to work for Goldman.. Goldman has a contract with Edward Jones to sell as much of their stock as possible.. and on and on and on... and beat goes on.... the biggest problem I see (I w ...
Topic: Jury Convicts Executive in Mortgage Fraud Case
MortgageDrummer

Replies: 18
Views: 23459

PostForum: Mortgage Lender Implode-O-Meter   Posted: Thu Apr 21, 2011 1:20 pm   Subject: Re: Jury Convicts Executive in Mortgage Fraud Case
Really, no kidding, just one? Like that's going to change anything.. so sad, to bad for him.. but really how does this change anything? Just a few more houses, boats, cars and toys for sale at a garag ...
Topic: Stay
MortgageDrummer

Replies: 45
Views: 53685

PostForum: Mortgage Lender Implode-O-Meter   Posted: Thu Apr 21, 2011 1:13 pm   Subject: Re: Stay
WOW! I haven't been here to the forum in 6 months and find all of these articles very interesting. Was in the industry for over 20 years in the states. Closed my small mortgage company 2/09. Moved ...
Topic: Everybody already knew this, right?
MortgageDrummer

Replies: 1
Views: 2289

PostForum: Mortgage Lender Implode-O-Meter   Posted: Wed Oct 13, 2010 4:33 pm   Subject: Everybody already knew this, right?
these comments from Dan Alpert, managing principal at Westwood Capital:
But the banks’ “paper problem,” is a “small sub-issue,” relative to the fact there are still $2.7 trillion of resid ...
Topic: Discussion on Wells Settles in FL for Wachovia Pay Option L
MortgageDrummer

Replies: 1
Views: 930

PostForum: News Discussion   Posted: Thu Oct 07, 2010 4:18 pm   Subject: Re: Discussion on Wells Settles in FL for Wachovia Pay Option L
I told you guys... here we go... the next shoe to drop!
Topic: Headspinning Incompetance!
MortgageDrummer

Replies: 16
Views: 23451

PostForum: Foreclosure, REO, Loan Mod's or Short Sale Talk   Posted: Tue Oct 05, 2010 8:05 pm   Subject: Re: Headspinning Incompetance!
Now we have multiple servicers canceling foreclosures in 'judicial states" while the servicers review tha validity of their documents. We have all read the stories. There is no possible "exc ...
Topic: I have been asking for their current ytd P&L & Balan
MortgageDrummer

Replies: 1
Views: 2186

PostForum: Mortgage Lender Implode-O-Meter   Posted: Sat Sep 25, 2010 3:16 pm   Subject: I have been asking for their current ytd P&L & Balan
Finally, I have been asking for their current ytd P&L and balance sheet!!!

http://www.doctorhousingbubble.com/revisiting-option-arm-data-3-big-banks-option-arm-2010-update/

Here is some of ...
Topic: 13 OF THE LARGEST BANKS WILL RULE THE WORLD!
MortgageDrummer

Replies: 46
Views: 22833

PostForum: Mortgage Lender Implode-O-Meter   Posted: Mon Sep 20, 2010 2:50 pm   Subject: Re: 13 OF THE LARGEST BANKS WILL RULE THE WORLD!
Warren to Be Adviser to Consumer Watchdog Agency

President Barack Obama this week will name Harvard Law Professor Elizabeth Warren as a special adviser to help launch the new Consumer Financial Pro ...
Topic: 13 OF THE LARGEST BANKS WILL RULE THE WORLD!
MortgageDrummer

Replies: 46
Views: 22833

PostForum: Mortgage Lender Implode-O-Meter   Posted: Thu Sep 16, 2010 2:55 pm   Subject: !
Warren to Unofficially Lead Consumer Agency... What does Unofficially mean?

What's the matter Tiny Tim and Mr. Barack... she won't take any cr*p from you?

Toooooooooooooooooooooo Badddddddddd ...
 

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